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According to a recent article in the Estonian Press Digest from News2Biz, July 2012 saw something of a fall in real estate prices in Estonia as a whole, but at the same time real purchasing power (in Tallinn) for those wishing to purchase property also fell. Citing real estate giant Pindi Kinnisvara‘s index as falling Continue reading Real Estate Prices In Estonia See Fall In July 2012 There has been a y-o-y increase in rental prices in Tallinn of 18 per cent, to July 2012, according to Tõnu Toompark on his adaur blog. This undoubtedly is connected with the short supply of rental properties in Tallinn at the moment. According to Tõnu and citing data from real estate portal kv.ee, the volume Continue reading Apartments For Rent In Tallinn Increase Y-o-Y Slightly In Number, Greater By Rent Price According to Tõnu Toompark on his adaur blog, 96 per cent of residential dwelling space in Estonia is in private hands. The total number of residential items comes to 657 800 units, only a small increase on the last 12 years, with only three per cent of dwellings owned by local governments and one per Continue reading Statistics: 96 Per Cent Of Residential Dwelling Space In Estonia Is In Private Sector Here at Tallinn Property we make it our mission to ensure you understand the Estonian property market fully, regardless of whether you speak any Estonian or not! It has been brought to our attention that there may be some confusion about what is meant by ‘offers‘ in the real estate context here. The word ‘offer’ Continue reading When Is An Offer Not An Offer? – Understanding Estonian Real Estate Jargon Citing figures from the Estonain statistics office, Tõnu Toompark has reported on his Adaur blog that the total number of newly constructed residential units compared with the existing housing stock has increased by 0.4 per cent y-o-y, to 2012. The actual area of residential space versus existing stock increased by 0.68 per cent over the Continue reading Statistics: Residential Space In Estonia Has Increased 0.4 Per Cent Y-o-Y According to a report by Ott Tammik on the English language site of the Estonian Public Broadcasters (ERR) the building which houses the Estonian Finance Ministry is to be demolished and two new, identical towers are to be built in its stead. The current building at Suur-Ameerika 1, which was constructed back in 1977 when Estonia Continue reading Estonian Finance Ministry Building In Tallinn To Be Demolished, Rebuilt |
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